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布鲁克菲尔德资产管理（BAM）与LOUISIANA-PACIFIC CORP（LPX）财务数据对比。点击上方公司名可切换其他公司
布鲁克菲尔德资产管理的季度营收约是LOUISIANA-PACIFIC CORP的1.9倍（$1.1B vs $566.0M），布鲁克菲尔德资产管理净利率更高（56.7% vs -1.4%，领先58.1%）
布鲁克菲尔德资产管理有限公司是加美两地的另类资产管理机构，2022年12月从布鲁克菲尔德集团的资管业务分拆成立，在全球范围内管理不动产、基础设施、可再生能源、私募股权及信贷市场等领域的投资。
路易斯安那-太平洋公司（简称LP）是美国知名建材制造商，成立于1973年，是美国定向结构刨花板（OSB）生产的开创者，总部现位于田纳西州纳什维尔。作为全球最大的OSB生产商，公司还生产工程木建材产品，通过建材分销商、经销商及家居零售中心向建筑商和业主供货。
BAM vs LPX — 直观对比
营收规模更大
BAM
是对方的1.9倍
$566.0M
净利率更高
BAM
高出58.1%
-1.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $566.0M |
| 净利润 | $615.0M | $-8.0M |
| 毛利率 | — | 15.0% |
| 营业利润率 | 84.2% | -1.6% |
| 净利率 | 56.7% | -1.4% |
| 营收同比 | — | -16.9% |
| 净利润同比 | — | -112.9% |
| 每股收益（稀释后） | — | $-0.12 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收BAMLPX
| Q4 25 | $1.1B | $566.0M | ||
| Q3 25 | $974.0M | $663.0M | ||
| Q2 25 | $931.0M | $755.0M | ||
| Q1 25 | $954.0M | $724.0M | ||
| Q4 24 | — | $681.0M | ||
| Q3 24 | $873.0M | $722.0M | ||
| Q2 24 | $821.0M | $814.0M | ||
| Q1 24 | $786.0M | $724.0M |
净利润BAMLPX
| Q4 25 | $615.0M | $-8.0M | ||
| Q3 25 | $692.0M | $9.0M | ||
| Q2 25 | $584.0M | $54.0M | ||
| Q1 25 | $507.0M | $91.0M | ||
| Q4 24 | — | $62.0M | ||
| Q3 24 | $537.0M | $90.0M | ||
| Q2 24 | $124.0M | $160.0M | ||
| Q1 24 | $373.0M | $108.0M |
毛利率BAMLPX
| Q4 25 | — | 15.0% | ||
| Q3 25 | — | 19.5% | ||
| Q2 25 | — | 23.6% | ||
| Q1 25 | — | 27.2% | ||
| Q4 24 | — | 23.8% | ||
| Q3 24 | — | 26.7% | ||
| Q2 24 | — | 32.3% | ||
| Q1 24 | — | 29.6% |
营业利润率BAMLPX
| Q4 25 | 84.2% | -1.6% | ||
| Q3 25 | 79.1% | 2.7% | ||
| Q2 25 | 70.8% | 10.6% | ||
| Q1 25 | 61.0% | 16.6% | ||
| Q4 24 | — | 11.0% | ||
| Q3 24 | 72.5% | 16.1% | ||
| Q2 24 | 80.4% | 23.8% | ||
| Q1 24 | 56.5% | 20.0% |
净利率BAMLPX
| Q4 25 | 56.7% | -1.4% | ||
| Q3 25 | 71.0% | 1.4% | ||
| Q2 25 | 62.7% | 7.2% | ||
| Q1 25 | 53.1% | 12.6% | ||
| Q4 24 | — | 9.1% | ||
| Q3 24 | 61.5% | 12.5% | ||
| Q2 24 | 15.1% | 19.7% | ||
| Q1 24 | 47.5% | 14.9% |
每股收益（稀释后）BAMLPX
| Q4 25 | — | $-0.12 | ||
| Q3 25 | — | $0.13 | ||
| Q2 25 | — | $0.77 | ||
| Q1 25 | — | $1.30 | ||
| Q4 24 | — | $0.90 | ||
| Q3 24 | — | $1.28 | ||
| Q2 24 | — | $2.23 | ||
| Q1 24 | — | $1.48 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $1.6B | $292.0M |
| 总债务越低越好 | — | $348.0M |
| 股东权益账面价值 | $8.9B | $1.7B |
| 总资产 | $17.0B | $2.6B |
| 负债/权益比越低杠杆越低 | — | 0.20× |
8季度趋势，按日历期对齐
现金及短期投资BAMLPX
| Q4 25 | $1.6B | $292.0M | ||
| Q3 25 | $1.1B | $316.0M | ||
| Q2 25 | $480.0M | $333.0M | ||
| Q1 25 | $332.0M | $256.0M | ||
| Q4 24 | — | $340.0M | ||
| Q3 24 | — | $346.0M | ||
| Q2 24 | $10.0M | $317.0M | ||
| Q1 24 | — | $244.0M |
总债务BAMLPX
| Q4 25 | — | $348.0M | ||
| Q3 25 | — | $348.0M | ||
| Q2 25 | — | $348.0M | ||
| Q1 25 | — | $348.0M | ||
| Q4 24 | — | $348.0M | ||
| Q3 24 | — | $347.0M | ||
| Q2 24 | — | $347.0M | ||
| Q1 24 | — | $347.0M |
股东权益BAMLPX
| Q4 25 | $8.9B | $1.7B | ||
| Q3 25 | $8.5B | $1.7B | ||
| Q2 25 | $8.5B | $1.7B | ||
| Q1 25 | $8.5B | $1.7B | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | $9.0B | $1.7B | ||
| Q2 24 | $3.2B | $1.7B | ||
| Q1 24 | $2.2B | $1.6B |
总资产BAMLPX
| Q4 25 | $17.0B | $2.6B | ||
| Q3 25 | $16.5B | $2.6B | ||
| Q2 25 | $16.1B | $2.7B | ||
| Q1 25 | $15.0B | $2.6B | ||
| Q4 24 | — | $2.6B | ||
| Q3 24 | — | $2.6B | ||
| Q2 24 | $4.2B | $2.5B | ||
| Q1 24 | — | $2.5B |
负债/权益比BAMLPX
| Q4 25 | — | 0.20× | ||
| Q3 25 | — | 0.20× | ||
| Q2 25 | — | 0.20× | ||
| Q1 25 | — | 0.21× | ||
| Q4 24 | — | 0.21× | ||
| Q3 24 | — | 0.21× | ||
| Q2 24 | — | 0.21× | ||
| Q1 24 | — | 0.21× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $562.0M | $67.0M |
| 自由现金流经营现金流 - 资本支出 | — | $-8.0M |
| 自由现金流率自由现金流/营收 | — | -1.4% |
| 资本支出强度资本支出/营收 | — | 13.3% |
| 现金转化率经营现金流/净利润 | 0.91× | — |
| 过去12个月自由现金流最近4个季度 | — | $91.0M |
8季度趋势，按日历期对齐
经营现金流BAMLPX
| Q4 25 | $562.0M | $67.0M | ||
| Q3 25 | $745.0M | $89.0M | ||
| Q2 25 | $529.0M | $162.0M | ||
| Q1 25 | $265.0M | $64.0M | ||
| Q4 24 | — | $105.0M | ||
| Q3 24 | $567.0M | $183.0M | ||
| Q2 24 | $159.0M | $212.0M | ||
| Q1 24 | $516.0M | $105.0M |
自由现金流BAMLPX
| Q4 25 | — | $-8.0M | ||
| Q3 25 | — | $5.0M | ||
| Q2 25 | — | $94.0M | ||
| Q1 25 | — | $0 | ||
| Q4 24 | — | $43.0M | ||
| Q3 24 | — | $139.0M | ||
| Q2 24 | — | $176.0M | ||
| Q1 24 | — | $64.0M |
自由现金流率BAMLPX
| Q4 25 | — | -1.4% | ||
| Q3 25 | — | 0.8% | ||
| Q2 25 | — | 12.5% | ||
| Q1 25 | — | 0.0% | ||
| Q4 24 | — | 6.3% | ||
| Q3 24 | — | 19.3% | ||
| Q2 24 | — | 21.6% | ||
| Q1 24 | — | 8.8% |
资本支出强度BAMLPX
| Q4 25 | — | 13.3% | ||
| Q3 25 | — | 12.7% | ||
| Q2 25 | — | 9.0% | ||
| Q1 25 | — | 8.8% | ||
| Q4 24 | — | 9.1% | ||
| Q3 24 | — | 6.1% | ||
| Q2 24 | — | 4.4% | ||
| Q1 24 | — | 5.7% |
现金转化率BAMLPX
| Q4 25 | 0.91× | — | ||
| Q3 25 | 1.08× | 9.89× | ||
| Q2 25 | 0.91× | 3.00× | ||
| Q1 25 | 0.52× | 0.70× | ||
| Q4 24 | — | 1.69× | ||
| Q3 24 | 1.06× | 2.03× | ||
| Q2 24 | 1.28× | 1.32× | ||
| Q1 24 | 1.38× | 0.97× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
BAM
| Incentive Fees | $452.0M | 42% |
| Infrastruture | $332.0M | 31% |
| Private Equity | $174.0M | 16% |
| Renewable Power And Transition | $66.0M | 6% |
| Other | $47.0M | 4% |
| Management And Advisory Fees | $14.0M | 1% |
LPX
| OS Bvalueadd | $472.0M | 83% |
| Other | $84.0M | 15% |
| Otherproducts | $10.0M | 2% |
